IBC Advanced Alloys Corp. (OTCMKTS:IAALF) Short Interest Up 16.3% in April

IBC Advanced Alloys Corp. (OTCMKTS:IAALF) saw a large increase in short interest in April. As of April 15th, there was short interest totaling 87,600 shares, an increase of 16.3% from the March 31st total of 75,331 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily volume of 18,794 shares, the short-interest ratio is presently 4.7 days.

IBC Advanced Alloys Stock Performance

Shares of IBC Advanced Alloys stock opened at $0.16 on Friday. The company has a debt-to-equity ratio of 4.13, a current ratio of 0.65 and a quick ratio of 0.21. The stock has a market cap of $18.07 million, a price-to-earnings ratio of -7.84 and a beta of 1.22. The firm’s 50-day moving average is $0.15 and its 200 day moving average is $0.14. IBC Advanced Alloys has a 1 year low of $0.03 and a 1 year high of $0.19.

About IBC Advanced Alloys

IBC Advanced Alloys Corp. develops, produces, and sells specialty alloy products in the United States and internationally. The company operates through Copper Alloys and Engineered Materials segments. It offers various copper alloys as castings and forgings, such as beryllium copper, chrome copper, oxygen-free high conductivity copper, and aluminum bronze in the form of plates, blocks, rounds, discs, bars, rings, tubes, rods, and other custom forgings, as well as specialty copper alloy forgings for plastic mold tooling and resistance welding applications.